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	<title>LIBERADIO(!) &#187; Social Security</title>
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	<description>with Mary Mancini &#38; Freddie O&#039;Connell</description>
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		<itunes:summary>with Mary Mancini and Freddie O\'Connell</itunes:summary>
		<itunes:author>LIBERADIO(!)</itunes:author>
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		<title>John McCain Gets an Allowance</title>
		<link>http://www.liberadio.com/2008/07/21/john-mccain-gets-an-allowance/</link>
		<comments>http://www.liberadio.com/2008/07/21/john-mccain-gets-an-allowance/#comments</comments>
		<pubDate>Mon, 21 Jul 2008 15:09:58 +0000</pubDate>
		<dc:creator>Mary Mancini</dc:creator>
				<category><![CDATA[Liberate Your Radio from The Right]]></category>
		<category><![CDATA[John McCain]]></category>
		<category><![CDATA[Social Security]]></category>

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		<description><![CDATA[Perhaps John McCain only gets a measly allowance from his $6 million dollar wife and that&#8217;s why he must also get one from the federal government:
Republican presidential candidate John McCain cashes his monthly Social Security checks despite calling the federal program &#8220;a disgrace,&#8221; the Associated Press reports.
&#8220;I&#8217;m receiving benefits,&#8221; McCain told campaign reporters, but added, [...]]]></description>
			<content:encoded><![CDATA[<p>Perhaps John McCain only gets a measly allowance from his $6 million dollar wife and that&#8217;s why <a href="http://www.bizjournals.com/sanfrancisco/stories/2008/07/14/daily79.html">he must also get one</a> from the federal government:</p>
<blockquote><p>Republican presidential candidate John McCain cashes his monthly Social Security checks despite calling the federal program &#8220;a disgrace,&#8221; the Associated Press reports.</p>
<p>&#8220;I&#8217;m receiving benefits,&#8221; McCain told campaign reporters, but added, &#8220;the system is broken.&#8221;</p>
<p>In 2007, he received benefits of $23,157 from Social Security, approximately $1,930 a month. The maximum monthly benefit under Social Security is $2,185. Social Security benefits are determined by age at retirement.</p>
<p>McCain, who is 71, has received benefits since he was 65.</p>
<p>Last week, McCain told observers at a town-hall meeting in Portsmouth, Ohio, &#8220;Americans have got to understand that we are paying present-day retirees with the taxes paid by young workers &#8230; and that&#8217;s a disgrace.&#8221;</p>
<p>B.J. Jarrett from the Social Security Administration said that individuals can refuse retirement benefits.</p>
<p>In 2006, McCain&#8217;s wife Cindy earned $6 million, and has a net worth of approximately $100 million.</p></blockquote>
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